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. property prices on many big cities are still booming, and that means there is a shortage of affordable housing for students or low-income families. people being priced out of a home has become a major problem in hamburg in germany with many people forced to live with relatives or to commute long distances to work or study in the city center. the challenge now is for the authorities to provide new, cheaper housing, but, of course, finding they could building plots in a city is not always easy to do. dan hamburg's knew of market city district has become a tourist attraction. hamburg is a rich city, and it is becoming less and less affordable for average earners. many here live a shadowy existence, on the go all day with no place of their own, spending nights on the sofa us of friends. lena is studying political science at the university of hamburg. she is not registered, so we cannot fill her at home. >> i live with a friend in a half from, which they are not allowed to sublet. that means i cannot have my name on e-mail or letter box. i can stay here for now, but no one official can no -
over at citi, but i would be happy if i were a shareholder. the stock went up on the news. never easy to change your mind. something we're asking of our politicians, they can't do that. but citigroup's management was willing to take the hard medicine for the shareholders. we hear endless negativity about china and europe, but the chinese market last night, it was a gigantic move signifying what might be the beginning of a new growth phase. have you checked european stocks lately? smoke show. hey, even i can get too gloomy. i've been critical of bank of america for its unfathomable top dollar acquisitions, including the ill-timed merrill lynch purchase and the ridiculous countrywide buy. i've chided these guys as being one gigantic law firm with a bank attached. that's how much their earnings have been dependent upon legal obligations. and that's what cuts them. bank of america led the dow today, broke out above $10. a level hasn't been seen in ages as the unsold homes dwindles, i think it probably goes higher. here's the bottom line, listen to me, go ahead, be gloomy, you have every r
in cities across the continent. >> they say the decision to split the play across europe is to celebrate the competition's 60th anniversary. >> european football fans can look forward to a party that spans the continent. the idea came from and 1980's football legend. he first proposed a multi-city championship at the end of euro 2012. now, the body's executive board has agreed. >> the main point is we need to give more cities, more countries the possibility to host a celebration, european championship, to the whole of europe. >> it is not yet clear which countries will host the matches. the bidding process is set to start early next year. cities in 13 countries are said to be in the running with berlin one of the contenders. the german football association says the announcement is absolutely positive. berlin fans can only hope that the party will touch down in their city as well. >> we will be back in one minute. we're going to take a closer look at the dramatic battle happening for the national elections in romania. >> we will take a look at some spectacular images of our planet earth.
to union city. that traffic is going to be a little bit slow now as you head south. let's go to steve. >>> a very good morning. a little breeze. that's an offshore wind. downtown oakland is 59 -- excuse me. downtown oakland is 60. the airport is 59. there's some areas up in mendocino county, lake county. for some it's mild to warm. for others, cold and patchy. >>> today, sunshine -- >> today, sunshine, lane comes in late, late tus -- late late tuesday, early wednesday. it won't be a lot of rain. nothing like we had a week ago. that's for sure. the cold air is on its way. today, cool, clear, patchy fog. cold to warm. sunny, mild to warm, breezy to windy. some of the higher elevations. a nice weekend and gives way to a nice monday and most, i think about half of tuesday. it's a dry pattern until wednesday and maybe even some low snow levels by the way as we get toward wednesday night. fair field, 30s, santa rosa. oakland, 59 at the airport. dipping below 50 at hayward. oakland/berkeley coming 0 the hills, it's a wind. the gulf alaska is coming into the picture it will be coming right a
urban plight of the american city by giving the banks to lend and that integrate them into the financial system. very small at the stage. the kennedy reinvestment act is fairly kosher and terms of the way in which it's making those loans. by the 1990's, there is an explosion of mortgage debt and to black communities, enormous pride that the world is trying to buy secondary mortgages. the treasury proudly says so. and then every shares turned to business. the congressional inquiry and the crisis shows that 10,000 people in florida who were selling mortgages and florida have the conviction. for thousands of those. now, there were cards in the wheel compared to the giant financial institutions or running them. but it was that integration into the financial system which is part of the question you asked about unions. but it is only unions. in a sense, you know, we need to understand a very volatile time. >> we might want to open up to the audience. >> hi. i am with the union. talk about a systematic change. that they do. [inaudible] how would that happen politically? they don't call the pres
and new england as well and in the big town of new york city. too shy ofg. 10 shy in maine . portions of the northern plains. there goes my ride . 50s in dixie land and portions of the gulf coast. i am glad you asked. next map shows you on thursday. almost 60 in kansasy city. temperatures in the cents in texas and gulf coast down through florida. 42 will be the high temperature here in new york city. smeeking of new york city. live on our plasa. we did this last year and they are back again. say hello to reverend rob shank with faith and action. we have a live nativity scene. >> you do. it is the same one that played out in front of the united states can supreme court. we are sending a powerful message to washington d.c. and doing it here in new york. >> steve: what are the thrings. >> how was the reception. >> it was very good. people streamed out of all of the federal buildings and we get idea that supreme court justices get a glimpse of we have stantial rights and that includes faith and freedom of speech and assembly. while this is the real reason for the season, we have to exerci
has the report. >> reporter: people in the city of nara mark the 40th anniversary of normalizing diplomatic ties between japan and watanabe moved to china with his parents many years before the normalizati normalization, but at the end of world war ii they became separated so, he remained in the city where he lived for about 50 years. a chinese couple adopted and raised the japanese youngster. as an adult, he worked for a railway company and eventually became station master. >> translator: i couldn't have survived after the war if my foster parents had not taken me in and given me such good care. they were so kind. >> reporter: but watanabe never flew back to japan. looking at a picture of mt. fuji always pulled at his heart strings. before he moved to china, he could see it from his house. so pictures of mountains always stirred memories of home. finally he was able to set foot on the land of his birth. in 1988, watanabe visited japan with orphans displaced by the war. he hoped to reunite with his family. but with so little information about his parents, watanabe couldn't find t
toward really slimming down citi by the new ceo. he has a quote in here saying these actions are logical next steps in citi's transformation and says they're committed to strategy that continues to leverage in the global banking market. if you go through the list of where these jobs are actually coming from, institutional clients group which is investment banking a quarter of the job cuts are going to come from there. my 2013 predictions i said that group would slim down by half. interesting that they are cutting a big chunk of that group. global consumer banking is responsible for 35% of the cuts and then going on through the other business lines like citi holdings, those are responsible for smaller portion of those jobs. citi getting smaller. a billion dollars going to be the pretax charge in the fourth quarter of next year. 11,000 jobs a big move from the new ceo over there. carl? >> all right. thank you very much, kayla. we're reading through the release right now ourselves. big strategic move. >> how many people work at this bank? i feel like they've been firing forever. citi did no
the murder suicide involving kansas city chiefs player. >> and no closer to a deal on the fiscal cliff as retailers are depending on heavy sales in the last weeks leading to christmas. >> a battle to the beltway. the ravens take on the redskins, 11 news sunday morning starts right now. >> you're watching wbal-tv 11. [captioning made possible by constellation energy group] >> good morning and welcome to 11 news sunday morning, i'm jennifer franciotti. >> and i'm kerry cavanaugh. first we are going to look outside with ava and i could barely see this morning. >> it is so foggy out there, especially in low-lying spots where you really have to watch this morning. i already saw a minor accident on the road on my way to work. just take it easy because there's light drizzle across the area and people don't expect the roads to be slick but it takes a little bit of rain to get the roads slippery. if you plan to travel, there will be dense areas of fog to worry about. temperatures hovering around 50 degrees, 49 at b.w.i. marshall. the dew point at 49, as well, so a relative humidity at 100%, spe
appears in public. january 11 he addressed a public rally in the capital city of damascus. after that march 27 he visited a former rebel stronghold to allegedly inspect the conditions there. his most recent appearance on june 3, he spoke before syria's parliament. we covered it here on fox. in that speech he denied reports his government massacred rebel fighters and civilians and he accused foreign terrorists of plotting to destroy his country. bill: . the government moving defense missiles to turkey. it will be defensive posture only. the western alliance is set to okay those weapons. the patriot missiles not expected to arrive in turkey until next month. martha: let's go to egypt which is also very volatile at the moment. the presidential palace is looking like an armed palace. they stationed tanks after a night of deadly protests. the estimate is five people lost their lives. it's the violence in the two weeks we watched the protests that led over a mob made it way over to the presidential balance has. we saw the live scenes with steve harrigan. since mohamed morsi, the presid
. >> there's $750 billion of waste in health care annually. bruce brussard recently spoke to the city club of cleveland about health care, insurance, and medicare. this is an hour. >> good afternoon, welcome to the city club of cleveland. i'm president of the city club's burped of directors. i'm delighted to introduce to you the president and effective january 1, ceo, of humana inc, a phenomenonture 100 health care and health insurance provider and administrator serving over 11 million customers in the united states. over the recent election, at the center of the policy debate with implications beyond the health care industry impacting the largest fiscal pom aand larger concerns. fortunate to have with us him here to share insights on the industry and the developing policy. prior to joining humana in 2011, he was an executive, and before that, u.s. oncology, large producers and providers of health care products to to major health care institutions. with that background, he brings to the podium today a broad perspective on health care issues facing the country. he holds the undergraduate de
of the fiscal cliff fiasco. tonight, a read of the regionals from the ceo of citi national bank. find out if you should be making a deposit. all coming up on "mad money." >>> don't miss a second of "mad money." follow@jimcramer on twitter. have a question, tweet cramer, #madtweets. give us a call at 1-800-743-thchlt. >> announcer:. miss something? head to "mad money".cnbc.com. >>> with the fiscal cliff looming less than a month away you might think certainly sectors would be getting hammered right now. not the obvious ones like defense. given the defense budget will be cut dramatically if our leaders don't reach a compromise, take retail. if we go over the cliff, something i've been telling you as of this week, more likely by the day, not less, that will deal a huge blow it purchasing power of most americans. think about it. tax rates go up. >> boo. >> the payroll tax holiday goes away. [ buzzer ] unemployment benefits expire for most people -- [ baby crying ] and that's is not even accounting for the layoffs. that's just being cautious. put it together, unless we get a deal, which won't be bad
. lawyers from both sides meeting with a judge in new york city. charges were dropped but the former maid filed a civil suit against the kahn who was once considered a strong candidate to become president of france. >>> in a florida murder trial, didi meyers will not take the witness stand. she is charged with swindling, shakespeare out of $17 million and murdering him and burying his body. >> police are asking the help to solve the case. jack and jerry mcgee were shot to death excuse style last december. police believe the murders were well-planned but they have yet to identify any sus speck. jenna: a weather alert. parts of the upper midwest are digging out after powerful winter blast. this is blizzard conditions as you see on your screen and bringing record snowfall. meteorologist maria molina is live from the fox weather center with more. maria? >> that's right, we saw significant snowfall across portions of the midwest over the weekend. that is actually somewhat good news for the peel. we're looking at a lack of snowfall across the area over last several weeks. finally additional sno
without tax rate increases. melissa: 11,000 now out of work at citi. slashing jobs taking a billion dollars charge as it repositioned oppositions. charlie gasparino tells us it is even more cuts are on the way. lori: new warnings and ethanol blended gasoline. joining us on whether you should be worried about what you put into your gas tank. let's get up to speed, back the floor of the new york stock exchange and nicole petallides. economic data on the service industry. nicole: looking good, lori and melissa. up 125 points. after two days of selling we are seeing some market action to the upside. we are above the 13,000 mark, well above that. 13,076. the nasdaq squeezing it out. concern for apple, but financials are doing well. let's take a look at the group. laying off 11,000 workers, that is the plan. a new ceo in place and he wants to make his mark. up 6.5%. it is under pressure, nowhere near $700 for the all-time high in september. the latest findings other actually going to use the market share for the ipad to the android in some microsoft folks, they're facing intense competiti
the city heat and spend summers at the shore. homer's relatives on both sides had been engaged in shipping and trading for generations. his father, charles savage homer, carried on an import business. his mother, henrietta benson homer, was a watercolorist whose flower pictures were occasionally shown in professional exhibitions. winslow was born in boston in 1836. at the age of 21, after two years of drudgery apprenticeto a commercial lithographer, he vowed he would never have another master and set up his studio at 22 winter street, in a building with publisher m.m. ballou. true to his new england background, homer was forthright and self-reliant. above all, he valued his independence, soon establishing himself as a free-lance illustrator for ballou's pictorial. homer's first important illustration was published in 1857, and within a year, his work began to appear in harper's weekly. his early pictures recorded the ordinary manners and pleasures of american life, reflecting a mood of national self-confidence prior to the civil war. his sketch of the skating pond in central park was publi
in michigan's capitol city, where legislation is about to be passed that could weaken the power of unions. protestors are furious. republican lawmakers moved quickly last week to enact "right to work legislation," allowing workers at unionized companies not to pay dues to the union, which reduces bargaining power right in the uaw's own back yard. the measure has already been approved by both chambers of michigan's legislature, and final enactment could take place tomorrow. republican governor rick snyder supports the legislation. if enacted, it would make michigan the 24th state with right-to-work laws. recent strikes at a california shipping port are over, but concerns of outsourcing persist. last week, striking workers protested that their jobs were being outsourced. employers denied sending jobs abroad. however, there is evidence that some industries are ramping up outsourcing. consulting firm the hackett group estimates since 2002, 663,000 jobs from large u.s. companies have gone abroad, mainly from industries like information technology, human resources, finance and purchasing. by 20
on rural areas and security in cities dramatically improved during the same period. since the start of the year, attacks fell 22% in kabul, 62% in kandahar, and 88% in mazhar-i-sharif. compares with 211. critical concerns are also detailed in the report. international forces have been training afghan security forces for years, but the report says very few afghan units are fully dependent from international counterparts when carrying out operations. another issue are so-called insider attacks by members of the afghan military against international forces. which are undermining mutual trust. the report also warns that the insurgency has found safe havens in northwestern pakistan and mentions the limited institutional capacity of the afghan government endemic corruption. these are among the obstacles to long term stability in afghanistan. >>> another story from afghanistan. the first rail service launched earlier this year with support from the international community. it is still in its early stages, but expected to play a critical role in reconstruction in the future. nhk world has d
that rebels surround the city of damascus which has been an assad stronghold. secretary of state hillary clinton says that bash ar al assad is assad-of- could use chemical weapons to hold on to power and told cbs news, not clear she can negotiate an exit pnd tends to recognize the syrian opposition as the representative of the syrian people next week. that could start to pave the way for them to create a new government. >> very interesting. margaret brennan, thank you noor. >>> in washington this morning, just 26 days left before the fiscal cliff deadline. president obama spoke on the phone with house speaker john boehner on wednesday while his treasury secretary said the white house is, in fact, ready to go straight over the fiscal cliff. major garrett is at the white house. major, good morning. >> reporter: good morning, norah and charlie. later on this afternoon the president will travel across the potomac river to northern virginia to meet a middle-class family to make the self-evident point if the there is a deal and taxes are raised by about $2,000 they'll be
in the city. you can see there are still people coming and. finishing up san francisco shopping jeff bush, kron 4 news. >> this is the eighth day of the jewish day of hanukkah. with the lighting of a 25 ft. mahogany menorah in the union square the 37th tradition. there'll be a festivaland others the weather outside is certainly not frightful in this more dry weather that storm that was moving from last week. this is our view from our roof cam and brian? >> vicki, it is looking great. today a little bit on the cool side with fog and high clouds in the afternoon temperatures struggling to warm up in the 50s few rafeal 55 degrees in san rafael, richmond and the warm place was santa rosa. these temperatures will be coming back with this live in view of the bay bridge and a lot of traffic for tonight. just some high clouds for this evening and patchy fog developing into the north bay valleys for the morning hours. it could a limit to visibility but not as much for tonight as we had last night for tomorrow, mostly sunny skies and sunshine to the day. temperatures really nice we are going to war
the report. >> reporter: people in the city of nara mark the 40th anniversary of normalizing diplomatic ties between japan and china. haru watanabe moved to china with his parents many years before the normalization, but at the end of world war ii, they became separated, so he remained here where he lived for about 50 years. a chinese couple adopted and raised the japanese youngster. as an adult, he worked for a railway company and, eventually, he became station master. >> translator: i couldn't have survived after the war if my foster parents hadn't taken me in and given me such good care. they were so kind. >> reporter: but watanabe never forgot japan. looking at the picture of mt. fuji always pulled at his heartstrings. before he moved to china, he could see it from his house. so, pictures of mountain always stirred memories of home. finally, he was able to set foot on the land of his birth. in 1988, watanabe visited japan with orphans displaced by the war. he hoped to reunite with his family, but with so little information about his parents, watanabe couldn't find them. even so, he chose
pick. "sex & the city." >> yeah. and you've got me. is that okay? >> kate might be having twins. yeah, go ahead. >> we're getting down to the flat line at the moment. we had a bit of a bounce this morning. european stocks yesterday very flat indeed. about as flat as the pancakes i make. take a look at the european board. we're down just up eight points. the ibex actually down five. very disappointing retail sales out of the eurozone for the month of october. follows a shop revision downwards as well for september. so austerity really biting in. despite some better data out -- well, i say better. the services pmi final print for the eurozone came in up better than expected, but it's still deeply in contraction territory. so we're firmly in recession here in the eurozone and in the uk as well. we saw services pmi come in weaker than expected. contraction territory for new orders -- this is the british chancellor today. george osbourne will be delivering his autumn statement where he's probably going to say growth isn't strong enough so we're going to not really meet our budget targets a
're talking about the south and your book tour in the south. you can go to some inner cities where in the last four years, things have gotten profoundly or the last eight years profoundly worse. you have an unemployment rate in detroit of 18.9% because everybody has fled detroit or it would be much worse. you now, a lot of wonderful things to say about americans, but you know, i actually share the frustration with the government who for a year and a half has sit on this fiscal cliff thing and done nothing. >> what do they do but demand to give more money to the cities that are dying and the money is not helping them. if you look even at chicago which is going to be turning into detroit when you look at the latest crime statistics. these places are going to hell, and the government isn't helping. >> greta: so i guess it's sort of the strength of america, the values, the fun things that you saw, you know, i appreciate that, but i worry about the other. >> yeah, i do, too i've got to say. there's nothing like little kids calling you sir. >> greta: i called you sir when you sat down. i said a lot
ii. available at best buy and best buy mobile stores. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming this, are you? aw! camera shy. snapshot from progressive. test-drive snapshot before you switch. visit progressive.com today. >>> time for a check of the headlines, in the last unset lt house race of the 2012 election, republican -- defeated tea p
, and for a 30-day free trial, go to axiron.com. >> shepard: big break here in new york city where police say they've found the car that a killer used to make his escape after shooting a man in the head. that shooting happened broad daylight monday afternoon right near central park in carnegie hall. police say surveillance video shows the gunman getting out of his car to wait for his target, a man named brandon wood d has rd. he was visiting from los angeles and minutes later, the killer walked right up to the man on the right here, and put a bullet in his head. police say they don't yet know the motive for this murder. while they located the get away car across the river in queens, the killer is still on the loose. >>> most americans say our leaders will keep us from falling off the fiscal cliff 20 days from now. that's according to a news pal. 51% say president obama and congress will cut a deal to prevent automatic tax hikes and spending cuts. john boehner says he still has serious differences with the president after they exchanged new counteroffers apparently and talked on the phone last
the cameras are rolling and you capture this craziness. >> amazing picture. my goodness. >>> oklahoma city police are looking for whoever put two pipe bombs on a truck. the driver found them attached to his fuel tank after he got back from a 400-mile trip. the truck reportedly was hauling rock. you can imagine what happened if this thing blew up. a bomb squad destroyed the explosives. >>> also new this morning, a medical chopper goes down in north central illinois, it was on its way to a hospital. three people on board all crew members, were killed. rockford memorial hospital told the chicago tribune that two nurses were on the chopper as well. no patients were on the chopper. >>> just 21 days until the tax hikes and spending cuts kick in. remember, congress is supposed to break for the holidays at the end of this week. here's the latest. house speaker john boehner and his aides were quietly conducting behind the scenes fiscal cliff talks with the white house. on capitol hill for one day at least, all was pretty quiet. posturing and finger pointing kind of stopped. cnn political reporter s
've got miles on both airlines, you'll be able to use them once this deal goes through. new york city to heathrow flight, will there be changes, perhaps after the deal is approved. richard anderson told us ultimately about increasing the number of flights into heathrow. >> it's really about the access to the uk/u.s. marketplace. it's by far by 200% the largest market between europe and the u.s. and delta has had an 8% market share, fifth place. with this transaction we get to second place with a quarter of the market. >> that's a huge increase for delta. what about for virgin atlantic and richard branson, the ceo. well, the brand remains. remember, there's been some speculation that delta would take over virgin atlantic. not going to happen. ceo richard branson will be staying in charge. he was part of the announcement today here in new york city by satellite coming from down in the dominican. as we look at shares of delta, take a look at this. stock up, a nice gain today, almost 7%. tyler, in the end, what we're going to see is more of these types of deals in the industry, as you see
on refills at advaircopd.com. liz: we've been telling you the headlines. big banks like citi, bank of america, uba announcing job cuts by the thousands. that number could rise as technology replaces the traditional bank teller. our next guest says the dynamics of bank branches are shifting. they ought to get on board with video banking which is just what his company provides. ugenius founder and ceo willl3 join us. is this like skyping with my teller? what is this. >> that is a as good a description. this is the ability for a teller to see and talk to the customer but the teller is located in video call center as opposed to being inside the branch. it has huge benefits from cost efficiency standpoint from the financial institutions. liz: you make the software. you make the hardware. if i'm a customer how do i use it? >> you go up to a device and press the start button. liz: a device you provide? >> exactly. liz: so i would have to buy it? >> exactly. liz: the financial institution representative comes up on the screen and asks what type of transaction they would like to do while at the machin
inches in just 24 hours. the twin cities have seen almost as much snow already has all of last winter. a 31-year-old man is shot, execution style, while walking down the street yesterday. police are now looking for two suspects. medics rushed the victim to the hospital where he died. defense attorneys for. to asking a judge to and gps monitoring. those are your headlines. dagen: thank you. british banking giant agreeing to pay almost $2 billion. more than $1.9 billion. a record amount for a allowing money laundering to go on for years. this is the largest penalty ever paid. it is a nonprosecution agreement. if it changes its ways it will not be prosecuted. if you think the government is draining your wallet, you may want to take a closer look at those people around your house. what they are carrying around and using. i am talking about apple products. households spend an average of $450 on those devices in 2011. nearly tripled the amount in 2011. analysts are calling it an apple tax. no, it is just, you are spending money on stupid apple products. under intense pressure to curb its bu
:20. and the outlook for u.s. credit market appears less rose city. we'll speak to a moody's analyst that says high duration credit could be badly exposed. the european central bank is announcing either monetary policy decisions later today. economists expect ecb to stay pat on rates. its revised down its forecasts in 2013. hot on the heels from her stint in brusselss, silvia has moved back to frankfurt and the ecb headquarters. how more pessimistic might they be today in their forecasts. >> that's the big question. if they get too clee to the zero for the forecast next year, anything below let's say 0.4, 0.3 would be considered a little bit more bearish and that would of course increase the chances or risks whatever you want to look at it for further rate cut somewhere down the pike early next year, maybe january or february. the consensus for today is as you said no change on rates. remember a month ago, there were many calling for rate cut this month, but that seems to have receded right now. maybe also because the data we see out of the eurozone is rather mixed. everybody quite agrees that foir
. they were heading to an airport near mexico city. the wreckage was spotted in the mountainous northern state. we have more on the life of the singer jenni rivera. what can you tell us? >> good morning. she sold 50 million records, won two billboard music awards and was a star of her reality show and served as a judge on a popular talent show in mexico. hard-working until the end. she performed the last concert saturday night in monterey, mexico, hours before dying in a plane crash on her way to yet another commitment. [ speaking spanish ] they call her diva. and for anyone who ever saw her on stage, it was easy to see why. she sang heartwrenching song that's spoke to the common woman, especially mexican-americans. >> translator: every song, every lyric i'm thinking of them and how i can relate to them. >> reporter: jenni rivera was born in long beach, california to mexican parents, their story of humble origins. with an interview in cnn, she spoke about how she sold records at a los angeles flea market and how the family expected cans for the meager income they could bring in selling the met
. >> mark, quickly. >> we are underweight financials. we've moved to more of a neutral weight. citi is one of the names we're overweight. it's a shame for the folks who have lost their job, but it's a nice move today. >> 7.5%. bank of america, 6%. thanks, guys. >> thank you very much. see you later. as a matter of fact, the financials are leading us higher. we're near the highs of the session right now with about 50 minutes left. the dow up 124 points. >> pretty good move. if you can own only one stock in 2013, which one would make you the most money? top fund managers were asked that question. we have their answers. we have names coming up. stay with us. >> get pencil to paper. >>> also ahead, the art of negotiation. we're going to hear from somebody who says a deal on the fiscal cliff could have already been reached if only lawmakers took a page out of wall street's deal making strategy of keeping things behind closed doors. where have we heard that before? >>> plus, secretary tim geithner with us exclusively. will the white house let our economy go over the fiscal cliff if a deal on hig
in the twin city, dallas looking beautiful with 72 degrees. out west, looks like all of the moisture will be limited to parts of the made civic northwest. high mountain, cascades. snow could be over a foot 7,000 feet and up. ski country, fantastic. so that's certainly the good news in that part of the world. in term of your air travel, backups are possible in chicago. rain is the issue. low clouds, too, limiting visibility. but minneapolis, new york, miami, miami is misspelled. i'll stand in front of that. miami and seattle, you can see just minor delays there. let's send it back to you. >> good job, reynolds blocking maimi. >> if you could talk to someone about snow in the rocky, would you? >> are you going up? >> eventually. >> steamboat springs will see over a foot of snow between now and sunday. >> that's good start. but we didn't know anything about january or february? >> not yet. >> if you get a chance to hit those maps to move stuff over the rocky, if you could. >> we'll do what we can. >> in squawk sports new, are the broncos made their eighth straight victory look easy last
in one of the most dangerous cities in the world. i'm wolf blitzer. you're in "the situation room." >>> we begin with president obama getting into a new fight with republicans and it's a fight he may actually lose. this afternoon in detroit, the president blasted a package of anti-union bills. michigan republicans, governor, is ush pushing through his state's legislature. >> what we shouldn't do, i just got to say this, what we shouldn't be doing is trying to take away your rights to bargain for better wages and working conditions. >> even though the cheering went on for nearly half a minute, it looks like those anti-union bills may, in fact, have enough support to pass michigan's legislature, despite union threats of massive demonstrations. cnn's alison kosik is in the capital, lance, watching what's going on. explain what the fight is all about, why it's so intense. >> reporter: well, first of all, here at the michigan state capit capital, it's more about the calm before the storm. those demonstrations of thousands of people descending on the state capitol. police are gearing up
detroit bankrupt city government, too. this sure isn't the free market, and i asked why should a texas taxpayer bail out detroit? >>> breaking news from syria, and it is a blockbuster. the assad regime is walking and loading its chemical weapons, ready to use them on its own people. nbc's chief pentagon correspondent joins us now. jim, is this the red line president obama was warning about? >> well, not quite yet. u.s. officials tell us that the syrian military is poised to use chemical weapons against their own people, and all it would take really is the final order from syrian president assad. but we have learned that as of today, all the precursored chemicals for that deadly nerve gas have in fact now been loaded on to aerial bombs, but those bombs are still in the depots. they haven't been loaded on to airplanes yet, and president assad hasn't given the order. but they're pretty close, larry, and that's why earlier this week, of course, president obama issued a very strong statement aimed at president assad saying look, if you use these weapons against your people, there will be se
people died in the city of new bataan when a flash flood hit an emergency shelter. the storm has weakened, but the search continues for the hundreds of people still missing. the amount we will take a look at what the european commission is doing to fight -- >> we will take a look at what the european commission is doing to fight youth unemployment. >> foreign ministers have been meeting in brussels to discuss the withdrawal of troops from afghan. at issue is how the training and employment of local security forces is to be funded. all nato troops are set to be pulled out of afghanistan by the end of 2014. >> the people of thailand have been celebrating the 85th birthday of their king. he made a rare public appearance in bangkok before tens of thousands of well-wishers. in every speech, he appealed for unity and stability in the divided country. he has reigned for 66 years. >> a bush fire in australia has threatened homes in northern sydney. firefighters had contained the blaze, which caused traffic problems as thick smoke blew across the city. according to local media, officials believe t
is that the city center. armed rebels are in parts of the ring around damascus. this is one of them. the rebels to film to this, and any civilians who have not escaped, have been shelled in the last few days. they keep the rebels back from this strong. . bbc was invited in to visit the detention center run by air force intelligence. we were not allowed to see the cellblocks. human rights groups say torture happens here. they paraded six prisoners. they said they were not speaking underdressed. the governor said any doubters were making the wrong assumptions about syria's secular state. syrian state tv was in the room to film. none of the men had been in court. all have confessed to being in al qaeda-style groups. >> the main work is making explosive devices to plant. >> they produce the algerian passport of this person, who said he was also a french citizen. >> i decided to do something for the children of syria, for the families and the powerless. i decided to join the jihad rather than crying in front of my tv. >> he would not answer when i asked if he had been tortured. two said there were p
a weight problem as much a but of them. all the welfare states focused on the inner-city and that is why the problem of poverty is so much worse in the inner-city betrays this is where of these government programs focused their attention. when people become dependent on the state, they become dependent and lose the ability to launch the surprises of enterprise. we are seeing that in europe today and we are increasingly seeing any night stays. i think this is a pivotal moment and i think the u.s. can return to his entrepreneurial inspiration. the mac so are you making a moral argument? detected at all tourism and capitalism in the birth rate, et cetera. >> i think ultimately, economics as a moral foundation. capitalism is not based on dodgy dog competition. they conduct experiments and expand
of minutes. martha: that will be interesting. a shocking crime in the middle of new york city. a man gunned down in cold blood as holiday tourists looked on in horror. >> he was gone, whoever did it was gone. nobody has seen him. there was a bunch people around. oming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. till you finish your vegetables. [ clock ticking ] [ male announcer ] there's a better way... v8 v-fusion. vegetable nutrition they need, fruit taste they love. could've had a v8. or...try kids boxes! money she is getting. the soda company agreed to pay an estimated $50 million to beyonce. worth every penny, don't you think? greg
an apartment, it was not that valuable. >> it's not practical for a new york city dweller, for instance. >> when you get houses, you see the mexican properties? i'm saying they're going up there. >> oh, really? >> yeah. if anybody wants one. >> available for weekend rental. >> semiautomatic weapon included. >> somebody stole it from me, he thought i was going to stop there, and let hem get away with it, and that's not really my style. >> would you kidnap jim cramer, david? i'm not sure. >> no. >> it would end there. >> it never ends. >> if the guy had done nothing, i would have said fib. but i found him -- no one has seen "taken 2." >> how could you not? what a great franchise. >> i know. >> she's been taken. >> really bad luck. >> when we come back, apple tv, microsoft surface tablets, we'll bring you the latest development regarding both of those. more from the deal book conference in manhattan, including an exclusive with lloyd feinstein. 11:00 a.m. eastern time. hanging on to gains. at the nyse, when we return. can i help you? i heard you guys can ship ground for less than the ups s
and at this point they have no suspects. >>> we have new information in a homicide probe in the city. neighbors discovered a man and woman bound and gagged last night. the man died and tonight ktvu's david stevenson is live where investigators are waiting to talk to the woman. >> reporter: at this hour the victim is inside san francisco general hospital and police tell us she is fighting fighting for her life. >> this is something you see in the movies. in real life it is disturbing. >> case that shocked police and neighbors here. a driver called police at 8:30 p.m. last night after spotting a man and a woman bound and gagged in the street. both badly injured. >> we have a male victim, african american. the female victim is white. 18-19 years old. >> investigators won't describe the injuries but said the man died at midnight. >> hopefully when she is stabilized we can obtain more information that could lead to suspects or the motive. >> it is completely disturbing. bound and gagged. . >> reporter: neighbors say it is hard to believe the violence happened here. >> most likely they dropped it her
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